Anyone struggling to deal with their debt management problems because of overspending during Christmas ought to seek out expert advice, it has been asserted. James Ketchell, from the Consumer Credit Counselling Service (CCCS), suggested recently that independent advice can be…
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The rates at which British consumers opt to enter bankruptcy as a form of debt solution will increase considerably over the course of this year, it has been suggested. In fact, the Consumer Credit Counselling Service (CCCS) is convinced that…
Citizens Advice is urging consumers across the UK to plan their budgets early in order to avoid a serious debt management hangover in the new year. Given the scale of spending expected around the country this December, the charity is…
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A number of experts on bankruptcy have been travelling to secondary schools around the country as part of a drive aimed at teaching children about the dangers of poor financial management. The initiative has been led by the Association of…
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A total of 15,833 people declared bankruptcy over the course of the third quarter of this year, which is 2.2 per cent more than the same period in 2006, it has been revealed. Official figures from the Insolvency Service show…
The Consumer Credit Counselling Service (CCCS) has outlined the benefits for indebted Britons of entering an Individual Voluntary Arrangement (IVA). According to the organisation, IVAs often prove more attractive to consumers than outright bankruptcy because they last for a fixed…
The number of retired Britons who enter bankruptcy on has been soaring in recent years, according to the latest figures. Research by the Wilkins Kennedy accountancy firm, shows that close to 8,000 pensioners have been declared insolvent during the past…
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The perception that bankruptcy leads to social stigma still puts many people off the option as a way of finding a debt solution, according to one expert. Nick O’Reilly, vice president of the Association of Business Recovery Professionals (R3), suggests…
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